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SFGTV
Jan 16, 2013 12:00pm PST
would include pre-payment and [kphr-ebgs/] agreement, as well as sfpuc tax certificate, very similar to the review when you review our bond approvals for when the sfpuc is an issuer. in this case the issuer would be the wholesale customers not directly the sfpuc. >> and todd, just formality benefit of the public can you quickly distinguish who would be our wholesale customers versus retail? >> our whorl sale customers are primarily san mateo, santa clara and alameda counties. they are 26 agencies that provide water to aapproximately 1.5 million people outside of san francisco. inside of san francisco, are our retail customers and our retail customers will also benefit from this, because they will see lower bills than they would have otherwise seen with the capital repayment. the commission approved this back in december. it provides for rate-payer relief in the flare term, specifically in the next 8-10 years for our retail consumers. a total of $362 million and it is permitted under the con trouting agreement that was signed by city and customers in 2009. this slide is the most impor
SFGTV
Jan 16, 2013 7:00pm PST
plan. and we're required to use them for eligible expenses under what the irs requires tax exempt bond financing. in addition to that we would use them for some reserves and those reserves basically allow us to have lower rate increases in future years. that is how they flow through the model. the prepavement collection agreement allows foyer surge charge and what will happen the water rate for wholesale customers will go down, but they will levy a surcharge on themselves and they will provide that information to us and we'll be a billing and collection agent. the approval would be before you, consideration and finance today. the board next week, if you concur, and then they would like to go to market in january, january 31st and close at the end of february. thank you for your consideration. we very grateful for the budget analyst's report and their thorough review and we agree with their recommendation as well. >> thank you. i had one question. there was a section that budget analyst report highlighted which basically said that the requirement or part of the agreement also indem
SFGTV
Jan 19, 2013 11:00am PST
treasurer and tax collector for the implementation of proposition e and the gross receipts tax. >> would you call item no. 8 as w. item no. 8, ordinance appropriating $1,566,145 from the general fund reserves so to the san francisco department of treasurer/tax collector for gross receipts tax implementation planing for fy2012-2013. >> these two item goes hand in hand. so we have, i believe greg cotto from the treasurer/tax collector to present on these two items. >> good afternoon, supervisors. thank you very much for taking up these items. and i did want to, before i get into this presentation, thank the mayor and particularly the mayor's budget office and controller and his economic team, as well as the city attorney's office. president chiu, supervisor farrell and supervisor avalos. i would like to give a brief overviewhoun it changes things fort taxpayer and how the office of treasurer/tax collector interacted with the public. the ordinance was passed on november 6th. and it does not apply to the 2013 or prior tax years. and just for your information, tax year is january 1 through de
FOX Business
Jan 16, 2013 11:00pm EST
raising taxes? what -- who is to blame kids if they think, well, i'm okay. i needn't worry. >> neil, i think the problem is deeper than that. the problem is simply this. the young people are going to pay need bills as i just said before, and guess what? they are not voting on head starts. they are not voting on the war in iraq or any of this stuff. who votes in america today, neil? senior citizens do. it's not any kind of mystery why we can't cut programs like medicaid, medicare, and social security that people get the benefits are the ones who vote. that really is a problem. if we want to get people like charlie's generation, their voice heard, they have to get out own vote for policies and protect their own financial interests. neil: but, charlie, you were telling me something interesting last time you were here, in the heart of hearts, young people you talked to are not that optimistic they'll see social security or medicare, are they? >> not really. you asked them -- a classroom i went to, how many of you receive social security and medicare? it was a dim look, and i think it's
FOX Business
Jan 20, 2013 9:00am EST
backdoor into a single payer system he had to implement a huge tax increase to pay for it. of course it costs more. >> the president was telling us this is what he has planned. obamacare is not a single payer plan which is national health care. but isn't that in fact what it is turning into? >> well, i think that there is going to have to be a single plan if we are going to reduce health care costs in society. will this reduce the deficit? no. it depends on what your goal is here. is your goal here to provide health care to people because the private sector has not done a very good job. >> the government will do better? >> we have seen costs in the private sector go up two to three times the rate of inflation. >> the government takeover would be cheaper and more efficient than the private health sector? >> there would be more people covered and the cost would be lower if we had a government plan, a government -- >> is there anyway to prove that contention? >> no, i hear what mark is saying. and by the way this congressman is someone who said we should unionize doctors. we have a veteran
SFGTV2
Jan 21, 2013 11:00pm PST
answer the 1% question. what tax rate would you be willing to be taxed at if people at that level are all taxed at a rate? >> i would go back to the eisenhower rate. you know what eisenhower was taxing people out? 70% to 90%. you want to go back to a rate where there is a supertax on the very rich and millionaires. you want to get rid of the loopholes. look at the capital gains tax of 15%. we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to
ABC
Jan 20, 2013 9:30am EST
with governor o'malley how to pay for it. his preference is for an increase in the sales tax. >> iyou went to a community meeting and asked 30 people, if you had to choose between raising 700 milon by increasing the gas tax by 18 cents, or by increasing the sales tax by a penny, most people would say -- they did not want to do either, but if they had to do one, the sales tax is a less painful and more palatable way to go about th. >>is reasoning behind that, he sasays because -- a good way for the environment less reliance on gas. the gasoline tax is not revenue -- generating revenue at once dead. >> i was surprised. he and his counterparts have sparred over time on a number of issu. he gave gov. mcdonald credit r recognizing that the gas tax is generating less and less overtime becse of greater fuel effificiency, hybrid vehicles. you have to find a new source. for the governor, that means this p push, and we will s see if f it becomes part of his legislave package this year. adding a penny to the sales tax. >> peter morici, you think th is aousy idea and you are not alone. the wall s
FOX News
Jan 22, 2013 9:00pm PST
, the president just got his big tax increase, he got everything he wanted and now he says he wants more. now, chuck schumer is saying, i'll play this in the next segment that he wants tax reform, but tax reform means another increase of revenue, in other words, another increase in taxes. is this negotiatable? will house republicans hold the line? and how do you stop this president? i mean, can you shut down the government? are you willing to shut down the government if the president won't deal with entitlement reform where all the spending is? >> look, you have to deal with entitlement reform if you want to save medicare, that's where the president has been so wrong. we've passed one of the toughest budgets anybody has looked at saving medicare and we grow the economy 13 million people are out of work, we put them back. this is a very conservative congress, and we've stand on ours, and this fight will put us on stronger ground and more importantly shall the american people are going to be with you from the statement if you can't pass the budget you shouldn't be paid and how could y
SFGTV2
Jan 18, 2013 7:00pm PST
% with the 99%. those you call out and hold accountable are those who want to cut taxes for the rich and no fair share who want to live in the privatized environment and not care about the civic situation. that is truly damaging to the possibility of already beleaguered ideals. nothing is simple. i cover the former soviet union and russia. i could go on at great length about how boris yeltsin undermined democracy and became a hero democracy. lech walnsa in many ways was not the. working bloke many made him not to be. gorbachev was a visionary who came to power. he saw he needed to change the country. he used his powers to do that. he withdrew from afghanistan. he called for nuclear abolition. he worked with ronald reagan. he understood you need political solutions, not military solutions. when the soviet troops were ready to come out of the barracks so the berlin wall would not come down, he told them to stay in the barracks, the empire is going. we cannot be a country that will be one of glasnost and perestroika if we live the way we have. it is the 20th anniversary of the soviet un
FOX Business
Jan 21, 2013 6:00pm EST
-- >> live in d.c. don't care. melissa: that was quick end to the point. at the career of being taxed without representation right now. that is all the "money" we have for you today. we'll see you back here tomorrow. gerri willis is up next. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report". >> is hello kitty really terrifying to some of us? why is one pennsylvania kindergartner in big trouble over his toy gun that only shoots out bubbles? we will have the details on this extraordinary case next. and as president obama celebrates his inauguration day, what will another four years mean for us? >> new ideas and technology. >> that, if you have just a cold? died missing themselves instead of going to the actual doctor. but is this safe? we will ask dr. mitchell brooks. "the willis report" is on the case. gerri: tonight stop -- top story takes us to a suburb located about 90 miles northwest of philadelphia. officials at an elementary school have suspended a five year-old girl over what they called terrorist threats. after the kindergartner reportedly told a cla
FOX News
Jan 19, 2013 8:00am PST
mark but the obama care is halfway house to single payer . man date taxes are too low. hold on a second, mark. more people are going to be dumped in a government. by the way, hang on. nixon. hang on . no, we are not. it would cost trillion. let me finish, mark i beg your pardon. >> it was enacted in britain and can dampt they have fewer mri machines and the wait list are long. >> morgan, when we look for a solution that really works, what we think of is putting the individual back in charge . when an individual is in charge of the cost and care that he or she is receiving, aren't they more responsible? whatever plan we work for isn't that the goal to put them in charge? >> it is it a great concept and going back to the idea of medicare. we will have to take a red pin to entitlements in general. >> last word for morgan. thank you. >> an amazing person . yeah, he's incredible and amazing. >> it is always -- it is always exciting. so it is exciting. >> neal cavuto is going to washington. he's the president guest of the honor in the inauguration . he is hosting special live coverage 11:00 a
FOX Business
Jan 21, 2013 9:00pm EST
president obama's seond term at higher taxes, a burden for every american. could they bring an end to the career of one of my favorite golf first? find that next. ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thanyou. ♪ overmany discounts to thine customs! [old english accent] safe driver, multcar, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometand we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do with. now that's progressive. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announce
FOX Business
Jan 17, 2013 11:00pm EST
questions, why do you keep caving on taxes? why do you do nothing about spending? how is it, a party that lost its bid for the white house, acts like all of a sudden it lost the house? you didn't. stop behaving like you did. after all, voters returned aren't to body that sets all spending issues, why the heck are republicans on defense on spending issues? what happened to their backbone? more to the point, what happened to their soul? tonight, meet the folks who have been brought in to perform a exorcism on the right. they are michelle field, and alan west, you know their faces, get ready for them to get in liberal's faces, by waking up some very young voters, they are launching a web show, called, next generation. and if you are young, hot and bothered, they want to get you jazzed, angry and involved, welcome you to both. alan west, unleash now. from congressional jobs and duties, what do you want to do here? >> neil, i think post -- most important thing, being father of two teenage daughters, take my insights on the issues and perspective, and take those issues to next generation,
CNBC
Jan 22, 2013 7:00pm EST
the inaugural speech. will golf superstar pick up and leave high tax california? of course he should. we'll discuss his comments. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> presidential inaugural addre addresses are supposed to be less than a campaign speech. listen for yourself. >> fidelity requires new responses to new challengemis. preserving freedoms requires collective action. to me that spells m
CNBC
Jan 22, 2013 4:00pm EST
of any talk of fiscal restraint. we know regulations, taxes are going up 2013. kudos to corporate america for pulling in these numbers in this environment. >> how about david garrity? you want to weigh in on these numbers. >> 4% gain on the stock. >> on the ibm numbers, fear there would be around the conference call four years ago. their main stram, which they just launched to september saw good acceptance in the fourth quarter and all the concerns that people had about corporate investment and all that because of the fiscal cliff issue, tax reform. obviously these being put bait by what numbers are being put up in terms offing revenue strength. ibm a good bellwether versus tech bjorklund and paul, david, thipg thank you. my friend snow greco, when do you think in the market will go higher? >> i'll just plead the fifth on that. >> all right. i hear you. thanks for joining us. michael, rich, always good to see you. >> thanks, guys. >> to wrap up, ibm's solid beat on the bottom line and top line better than expected. >> google. top line. bottom line, we're working on it. coming up n
CNBC
Jan 14, 2013 7:00pm EST
wants to raise more taxes. we're about to hear a response from a republican house member. >>> that's not all. fed chief ben bernanke is saying it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the
FOX Business
Jan 21, 2013 9:20am EST
. risk includes possible loss of principal. >> good morning, everyone. if you thought tax the rich was over, please think again. in a new budget, senate democrats reportedly want more taxes on the rich and more taxes on oil and gas companies and hire of taxes on corporations make money overseas and charles schumer make more for taxes on meet the press yesterday. >> we need the money and second, a great opportunity for us, in our budget, we will have tax reform many my republican colleagues like, but it will include revenues and a great opportunity to get us more revenues to help in part deal with sequestration and deal with-- >> senator schumer. stuart: you have a great opportunity. so that's where we are headed and the next four years does indeed kick off it had. for a moment. look back. the president's policy mass been to spend more, tax the rich and protect the debt. in 2009 the debt was a little over 10 trillion and nod it's skyrocketed. it's over 16 trillion and it will be 17 trillion by this fall. the number of people on food stamps way up. in 2009, 33 million. today, that nu
MSNBC
Jan 19, 2013 2:30am PST
>>> now washington's tax deal affects you, a small business owner. why managing your stock is crucial. it's time to make money, coming up next on "your business." ♪ >>> small businesses are revitalizing the industry. that's why we're proud to present "your business" on msnbc. >>> hi there, everybody, i'm j.j. ramberg, welcome to "your business." for small businesses, the uncertainty of last year carried over into 2013. the good news? the national federation of independent business was up slightly in december. the bad news is it is still at recession levels. the deal negotiates by vice president joe biden ends the tax holiday and increases capitol gains tax rates. how will this impact your small business? we have barbara who is an attorney. she is the writer of the monthly news later "big ideas for small business." and also author of "1001 tax deductions and breaks for 2013." great to see both of you guys, thank you for joining us. >> pleasure. >> there's a lot going on. i read an article that said frustrated, elated, happy, confused, those are all reactions. i want to talk f
CNBC
Jan 22, 2013 1:00pm EST
michakelson tee off over his taxes. and he's not going to take it anymore, or is he? sue herera is live at the new york stock exchange. >> earnings are front and center with j & j, dupont, travelers all out with results. more on them in a few minutes. let's get you ahead of the curve. google is getting ready to report its latest results after the bell. fears about an ad revenue and major focus on those shares. google right now is down 3 bucks on the trading session. john is in silicon valley with what investor s need to know ahead of the numbers. >> couple of important themes this quarter, mobile and mobile. mobile's impacted on the core business. as more people do searches from mobile devices, google's revenue has been coming down. it's more than likely this trend will continue as smartphone and tablet sales spike. cbc could come down 11%. it was down 15% last quarter. then we have the nexus 7 and nexts 10 tablets. in q3, some analysts estimate google sold around 100 million tablets. and then you have motorola, and i am hearing the mobile phones are not selling that well. last qua
CNBC
Jan 17, 2013 7:00pm EST
cut spending. i mean, significantly. it would be progrowth and no more tax hikes by the way. spending and the debt are the top issue of concern for voters. look, these heinous mass murders are not about weapons. question -- why isn't anyone tackling the really tough issue that may be the root causes of these atrocities? such as broken families, such as the absence of fathers who set examples for their sons? such as the loss of faith in our schools? such as our homes and our culture that have lost faith as well. tonight, we are going to talk about the family values breakdown in america. "the kudlow report" begins right now. another key point tonight. for most of the history, america drew at 3.5% per you. the last dozen years however, we have dropped below 2%. and the so-called obama recovery is just a tad above that 2% rate. which should be unacceptable. it is the worst in the post world war ii era. so the question tonight, what's holding back the american economy? here's my quick road map for an economic boom. start off with major cuts in government spending. we should stop paying peo
FOX Business
Jan 19, 2013 12:00am EST
"money" tonight. are no state income taxes the next big thing? feels like it. nebraska is the latest to consider ditching them for good. but unlike other recent proposals nebraska governor dave heineman says he is not going to raise other taxes to make up for it. hmmm. he will join us to explain just how that could possibly work coming up. >>> plus, an offer from the islamic militants holding two americans hostage in algeria. they will release them in exchange for two convicted terrorists currently in u.s. prisons. could attacks like this against oil and gas facilities become a new tactic in the war against terror? we'll hear from today's power panel. >>> we're shelling out big bucks for purell, flu shots, respiratory masks, tamiflu like there is no tomorrow and people are still getting sick in record numbers. drug companies may be profiting. are we just wasting our money? we'll get to the bottom line. even when they say it's not it is always about money. melissa: all right. first today's market moment. a slate of strong corporate earnings fav a modest boost to stocks. the s&p 500 an
FOX Business
Jan 15, 2013 5:00pm EST
probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives in his mom's basement and loves
CSPAN
Jan 23, 2013 5:00pm EST
bipartisan vote of 89-8, a bill that avoided tax increases for 99% of americans and extended emergency unemployment benefits for another year and protected us from the fiscal cliff. when it comes to legislating, the senate actually has a pretty strong bipartisan record. how did those senate bills do on the house side? well, the house couldn't pass its own highway bill. congress has been doing highway bills since the eisenhower years. this isn't rocket science. the house couldn't do one. the best the house of representatives could do was to pass a short-term extension that allowed some of their members to get to conference on the senate bill. but they took no bill into conference because they couldn't pass one. even then they delayed the conference negotiations and they cost the united states of america an entire summer construction season for highway construction, putting thousands of jobs in jeopardy before they finally came around and passed an amended version of the senate bipartisan highway bill. so their record on the highway bill is nothing to be proud of. the house also couldn't
SFGTV
Jan 18, 2013 11:30pm PST
about that. the mills act property tax reduction would provide the most benefit to property owners who have owned their properties since 1999. some of the residents and owners who have owned their building for 20 or 30 years, they already pay low property tax so the bills act calculations would not help them. it would not reduce their property taxes anymore. if you just purchase property and it's a contributor to the district you would have high property taxes. the only people who can apply for the mills act property tax reductions are owners of properties of individual landmarks or owners of properties contributors to landmark districts as well as registered landmark districts. so designation of the duboce park landmark district would enable property owners to apply for the mills acted. it's not a dollar for dollar reduction. the mills act is a maintenance restoration or rehabilitation plan. it's a contract that the city enters into with the property owners, department reviews it, the city tax assessor reviews it and ensures the calculations are correct but it's not a dollar per dolla
FOX Business
Jan 23, 2013 9:20am EST
make a greener planet, that's already been proposed. they will move on to taxing the rich some more and then defending the welfare state. in short, president obama's inaugural address will be echoed over there. he gave davos the blueprint and the high and mighty will adopt a collectivist mentality, but we will not. no elitism here, "varney & company" is about to begin. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you h heartburn. ♪ tum tum tum tum tums >> watch out, big financial revelation coming, we don't focus much on earnings here, but apple, that's no ordinary company. if you have a mutual fund or an index fund you own a little bit of apple. it it has, by the way become what i'm calling a door stopper. the stock pr
SFGTV2
Jan 17, 2013 4:00pm PST
that. so finally i also have a question around tax benefits. this has come up a lot in our neighborhood meetings. nobody understands the millsabilitmills actand to our s taken advantage of it supervisor wiener has improved the law but that sounds like a gini pig situation to me. i emphasize there are people in the community feel this will greatly add to the cost of living there in terms of extra designer fees, contractor, expediter fees and that will make it hard for people with young families to stay in the neighborhood. thank you. >> president fong: additional speakers who have called? >> hello. my name is kenneth wingard on the castro benefit district and the market octavia plan community advisory committee. and have a degree in architectural preservation. today i am here as a four decade resident of the neighborhood. i've renovated a 1860's cottage that was designated as unsalvageable and in 1905 edwardian that had fallen into disrepair. i fell in love with the neighborhood with these diamonds in the rough and have been delighted at the current glorious state of the nei
CSPAN
Jan 18, 2013 7:00am EST
. caller: good morning. i wanted to make a comment about the tax code system. it's so complicated. i think that the government wants to do something to help out the economy, they could institute a fair tax or a flat tax, something like the libertarian candidate gary johnson was advocating last year where if you buy something you just pay the tax on it, there is no more income tax or corporate tax but a consumption type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight
FOX Business
Jan 22, 2013 6:00pm EST
your boots. >> income inequality taxes would get rid of it. melissa: that's all the "money" we have for you today. o.c. becker tomorrow thanks to both of you. gerri: -- "the willis report" hello, everybody. i'm gerri willis. tonight, hold onto your wallets. ceos from around the globe telling us how to spend our hard-earned cash for climate change. a look at the billions of waste will dollars and how much it's costing you. end of breakdown a new report showing how many trips to the moon you can take in the amount of time it a stake in the senate to pass a budget. also, one of the highly recommended retirement investments falling short. we will "cover your assets" as we look up for you and your money. "the willis report" is on the case. more on target date funds coming up later. first, tonight's top story, record low temperature sweeping across the united states and langdon, north dakota wind chills but the temperature down to what felt like-51 degrees fahrenheit. imagine, frigid temperatures close dozens of schools and so far two deaths have been reported due to cold exposure. it's just
FOX Business
Jan 17, 2013 9:20am EST
the top of the hour, you do not want to miss it. now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've grante
CNN
Jan 22, 2013 4:00pm PST
mickelson forced to apologize for saying he plans to make drastic changes because of the new tax laws. >>> plus, a major development in the petraeus sex scandal. >>> and prince harry brags about killing taliban soldiers. has he actually put the british people in danger? overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. good morning, turtle. ♪ my friends are all around me ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> our second story "outfront," phil mickelson's mulligan.
FOX Business
Jan 22, 2013 12:00am EST
. those familiar with the conservative republican are surprised to hear the answer is more taxes. this time on hospitals. we will diagnose what this means for you no matter where you live plus the did you know these teeseven has been an entire year since president obama's job council officially made? to as to save the economy. are you happy with how things are going? or power panel is here with what should be happening. for all you brides and grooms to my being the case of cold feet, don't despair. a new company lets you buy and sell your wedding. all you have to worry about is the person elected the altar. the woman behind this new business, even when they say it's not, it's always about "money." all right. we start with the first to announce plans on how exactly it hopes to pay for obamacare. a little bit surprising. republican arizona governor says that the tax increase interstate is the answer. the governor proposing a new hospital provided tax, and this is on topple all the taxes we were just three weeks ago. a number of experts and even some hospitals are on board with the govern
FOX Business
Jan 22, 2013 9:00pm EST
carbon tax, how people and ideas on how to spend that tax revenue. this is what happens when you create new revenue streams. these companies are going to come crawling for it. gerri: on sure you heard the president speaking at the inauguration talking about how important investing in green energy is, how he intends to continue, but there is no track record of success with department of energy. what do you say? >> that's exactly right. if you look at the tens of billions that were spent in the stimulus bill, a lot of failure, and the success, again, that is only patting the bottom line of the companies that were successful. take a look at western europe, countries going bankrupt and there are scaling back subsidies. they're not doubling down because they realize that this is a tried and failed approach. exhibit a and b1 not to do this, not to spend hard-earned taxpayer dollars investing in these grain subsidies because they simply don't work and are necessary. gerri: what is really interesting is that we have had an energy explosion in our country. it has been led by natural gas and frac
FOX Business
Jan 22, 2013 11:00pm EST
senate cease going to pass a democratic budget, one that raises taxes and probably increased spending, too, and what good is that? we're not requiring the senate to balance the budget in ten years, 25 years, or ever. i don't know what good is coming from the deal. you're right. it's unfortunate, and it's a retreat. remember this, he may not have the votes to pass it tomorrow. conservatives in the house can still step up and say, no, listen, we're doing something today. today is the day to save the nation and children. neil: could be the argument that, you know, cooler heads prevail, get the ducks in order doing this in may versus now. i think on both party's houses for just delaying making such decisions, period. >> we've been kicking the can for a couple of years, if not longer, others argue that, but i think having this conversation four times a year for the next couple years or however long it takes is a really, really bad idea because the margs needs stability. businesses need stability. >> maybe not. the markets are fine with it. >> creditors need to know we're not going to take
SFGTV
Jan 17, 2013 4:30pm PST
in the city, to tax us a little bit on it, but this is what we do >> hello and welcome to me your district supervisor. we're here with supervisors got scott wiener. he started his first term this january. we are going to get to know him and talk about the issues facing the city. welcome. thank you for joining us today. tell us about your background, where you grew up, went to school, and what kind of jobs to have had. >> i grew up in the philadelphia area, in new jersey. i went to school up and down the east coast. i went to undergrad at duke university. i went to law school at harvard. after clerking for a judge, i came out here in 1997. i have been here for the last 14 years. i have always lived in the castro. i am an attorney. i started out in private practice. i settle private law firm during complex commercial litigation. in 2002, and moved over to the sentences the city attorney's office where i worked on the trial team doing trials for the city, handling my own cases, and supervising a team of attorneys as well. >> why did you choose to live in san francisco? >> i always as
CNN
Jan 22, 2013 11:00pm PST
the new tax laws. >>> plus, a major development in the petraeus sex scandal. >>> and prince harry brags about killing taliban soldiers. has he actually put the british people in danger? destined to take them over. ♪ the sirius xm satellite radio in the 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, f
CNN
Jan 22, 2013 8:00pm PST
drastic changes because of the new tax laws. >>> plus, a major development in the petraeus sex scandal. >>> and prince harry brags about killing taliban soldiers. has he actually put the british people in danger? officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. we've decided to we're all having such a great year in the gulf, put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is
FOX News
Jan 22, 2013 6:00am PST
signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor responded to that yesterday. listen up. >> well, you know i fundamentally disagree. i don't think most americans would say to give more money to washington to have washington spend their money is a way to help anybody. >> reporter: also yesterday, the president strongly defended social security, medicare and medicaid and with anp a parent jab at his defeated opponent mitt romney said those entitlement do not make us a nation of takers. republicans have long-held those entitlements are on the road to insolvency unless they are fundamentally restructured. martha. martha: doug, thank you. doug mckelway. bill: house republicans say they hope the move will shift the focus to spending and push the senate into passing a budget. remember it has been four years since the senate passed a budget in washington. >> i think it is about time the senate did its legal responsibility of passing a budget. we passed one each of the last two years we've been in the major
CSPAN
Jan 15, 2013 5:00pm EST
me in my thinking our panelists. [applause] representative live in discusses tax policy and deficit reduction. he spoke at the briefing today hosted by the christian science monitor for an hour. >> thanks for coming. i'm dave cook from the monitor. welcome to the first breakfast of the new year. the guest is representative sander levin of michigan cranking member of the house ways and means committee. this is the first visit of the group. he did for deily to detroit native and the university of chicago, master's and international relations of columbia and a law degree from harvard who was elected in the michigan state senate in 1964 and served as a senate minority leader during the carter administration he was assistant administrator of the agency for international development elected to the house in 1982. for four years after his brother carl was elected to the senate. in march, 2010, representative levin one the gavel of the chairman of the ways and means committee. in the biographical portion of the program now on to the thrilling portion. as always we are on the record please, n
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